Financial Stability Board

Climate Risk

FSB Finalises Guidance on Climate-related Financial Risks

By Editors | 13/10/2022

The guidance covers the collection of data from FIs, supervisory tools such as scenario analysis, and the development of macroprudential tools.

Reporting & Disclosures

Firms Falling Short of Full Climate Disclosure

By ESG Investor | 13/10/2022

TCFD marks five years of progress, but warns too few are delivering decision-useful climate-related financial information.

Emerging Prudential Risks

FSB Updates G20 on Work to Strengthen Financial System Resilience

By Editors | 12/10/2022

FSB chair Klaas Knot says the outlook for global financial stability remains challenging, citing tighter financial conditions and higher inflation.

Structural Regulation

EMIR Refit Technical Standards Published in Official Journal

By Editors | 12/10/2022

Under the standards, reporting of the CDE, LEIs, ISINs, UTIs and UPIs to trade repositories are mandated, in XML format using ISO 20022.

Cryptocurrency

FSB Unveils Proposed Global Regulatory Framework for Crypto

By Editors | 12/10/2022

The framework covers all crypto-asset activity, as well as associated issuers and service providers, that have the potential to pose financial stability risks.

Payments & Settlements

FSB Unveils Plans for Next Phase of Cross-Border Payments Work

By Editors | 11/10/2022

The prioritisation plan emphasises a need to strengthen external engagement and partnerships to take forward the roadmap for enhancing cross-border payments.

Capital Adequacy

BCBS Calls for Greater Use of CCyB by National Authorities

By Editors | 06/10/2022

Authorities should adopt a positive CCyB rate in normal times. A report evaluating the impact and effectiveness of implemented Basel reforms has also been released.

Stablecoins

IMF Calls for Global Coordination on Stablecoin Regulation

By Sanday Chongo Kabange | 01/10/2022

In markets where risks are growing quickly, authorities should take immediate action, including by introducing targeted measures to “slow down stablecoin adoption”.

Market Risk

Standard Setters Publish Review of Global Margining Practices

By Editors | 30/09/2022

Market volatility and model reactions to volatility were responsible for the majority of the peak increase in IM requirements in March and April 2020.